Commercial Vehicle Finance
Finance for directors cars and commercial vehicles rather than outright purchase is now commonplace.
Leasing provides fixed cost motoring for businesses and also takes away the depreciation risk.
If you are looking for commercial vehicle finance including directors car finance or company car finance, leasing vehicles via your business is typically cheaper than personal leasing. VAT registered companies can typically reclaim 50% of the VAT on vehicle payments and maintenance. Thinking of going green? Benefit in kind (BIK) tax is capped at 2% for electric vehicles until 2025.
We work with our panel of lenders to source specialist vehicle finance for:
- Director cars
- Company cars
- Vans and commercial vehicles (LCVs)
- Logistics vehicles
- Recovery vehicles
- Electric vehicles (EVs)
Depending on the asset, our business vehicle finance solutions may include hire purchase, contract hire or refinance solutions.